Global Latent Traction AGV Market Growth 2026-2032
Description
The global Latent Traction AGV market size is predicted to grow from US$ 415 million in 2025 to US$ 1193 million in 2032; it is expected to grow at a CAGR of 16.6% from 2026 to 2032.
In 2024, global Latent Traction AGV production reached approximately 7420 units, with an average global market price of around US$ 50k per unit. The latent traction AGV is an automated guided vehicle with concealment and traction functions. AGV refers to an autonomous transport vehicle, usually used to automatically transport items in environments such as warehousing, logistics, and production lines. The latent traction AGV is based on the traditional AGV, combining traction and concealment, and can perform efficient transportation and traction work in a low-noise and unobtrusive manner.
As a key component of intelligent logistics automation, AGVs (Automated Guided Vehicles) are widely used in a variety of fields, including manufacturing, automotive, consumer electronics, e-commerce warehousing, and healthcare. Their low-profile design allows them to sneak under shelves or tow specialized trailers, enabling manual handling and significantly improving flexible logistics efficiency. With the development of smart factories and unmanned warehousing, market demand for light- and medium-load AGVs is rapidly growing. Regarding technological trends, magnetic navigation remains the mainstream, but laser navigation and SLAM (Simultaneous Local Area Mapping) visual navigation are gradually gaining ground, offering greater flexibility and path adaptability. Regarding batteries, lithium-ion batteries are gradually replacing lead-acid batteries, becoming the mainstream, offering longer battery life and fast charging capabilities. Furthermore, the introduction of 5G communications, cloud-based remote scheduling, and multi-vehicle collaborative algorithms are also enhancing the overall intelligence of systems. From a market perspective, Chinese, German, Japanese, and American companies are representative in terms of technology and production capacity. Leveraging their domestic market advantages, high cost-performance ratios, and industrial clusters, Chinese manufacturers are rapidly expanding their overseas market share, particularly in Southeast Asia and the Middle East.
LP Information, Inc. (LPI) ' newest research report, the “Latent Traction AGV Industry Forecast” looks at past sales and reviews total world Latent Traction AGV sales in 2025, providing a comprehensive analysis by region and market sector of projected Latent Traction AGV sales for 2026 through 2032. With Latent Traction AGV sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Latent Traction AGV industry.
This Insight Report provides a comprehensive analysis of the global Latent Traction AGV landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Latent Traction AGV portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Latent Traction AGV market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Latent Traction AGV and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Latent Traction AGV.
This report presents a comprehensive overview, market shares, and growth opportunities of Latent Traction AGV market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Laser Navigation
Magnetic Stripe Navigation
Visual Navigation
Others
Segmentation by Load Capacity:
1-5 Tons
5-20 Tons
20-50 Tons
Others
Segmentation by Application:
Logistics
Warehousing
Medical
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Dematic
Clearpath Robotics
Toyota
Aethon
KUKA Robotics
JBT Corporation
Seegrid
Daifuku
MasterMover
Asseco CEIT
Hikrobot Co
Sinorobot Intelligent
Lianji Intelligent Equipment
Lead Intelligent Logistics
Huaxiao Precision
Triowin Intelligent
Casun Intelligent Robot
SIASUN Mobile Robot
Xinchuangli Industrial Equipment
Key Questions Addressed in this Report
What is the 10-year outlook for the global Latent Traction AGV market?
What factors are driving Latent Traction AGV market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Latent Traction AGV market opportunities vary by end market size?
How does Latent Traction AGV break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
In 2024, global Latent Traction AGV production reached approximately 7420 units, with an average global market price of around US$ 50k per unit. The latent traction AGV is an automated guided vehicle with concealment and traction functions. AGV refers to an autonomous transport vehicle, usually used to automatically transport items in environments such as warehousing, logistics, and production lines. The latent traction AGV is based on the traditional AGV, combining traction and concealment, and can perform efficient transportation and traction work in a low-noise and unobtrusive manner.
As a key component of intelligent logistics automation, AGVs (Automated Guided Vehicles) are widely used in a variety of fields, including manufacturing, automotive, consumer electronics, e-commerce warehousing, and healthcare. Their low-profile design allows them to sneak under shelves or tow specialized trailers, enabling manual handling and significantly improving flexible logistics efficiency. With the development of smart factories and unmanned warehousing, market demand for light- and medium-load AGVs is rapidly growing. Regarding technological trends, magnetic navigation remains the mainstream, but laser navigation and SLAM (Simultaneous Local Area Mapping) visual navigation are gradually gaining ground, offering greater flexibility and path adaptability. Regarding batteries, lithium-ion batteries are gradually replacing lead-acid batteries, becoming the mainstream, offering longer battery life and fast charging capabilities. Furthermore, the introduction of 5G communications, cloud-based remote scheduling, and multi-vehicle collaborative algorithms are also enhancing the overall intelligence of systems. From a market perspective, Chinese, German, Japanese, and American companies are representative in terms of technology and production capacity. Leveraging their domestic market advantages, high cost-performance ratios, and industrial clusters, Chinese manufacturers are rapidly expanding their overseas market share, particularly in Southeast Asia and the Middle East.
LP Information, Inc. (LPI) ' newest research report, the “Latent Traction AGV Industry Forecast” looks at past sales and reviews total world Latent Traction AGV sales in 2025, providing a comprehensive analysis by region and market sector of projected Latent Traction AGV sales for 2026 through 2032. With Latent Traction AGV sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Latent Traction AGV industry.
This Insight Report provides a comprehensive analysis of the global Latent Traction AGV landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Latent Traction AGV portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Latent Traction AGV market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Latent Traction AGV and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Latent Traction AGV.
This report presents a comprehensive overview, market shares, and growth opportunities of Latent Traction AGV market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Laser Navigation
Magnetic Stripe Navigation
Visual Navigation
Others
Segmentation by Load Capacity:
1-5 Tons
5-20 Tons
20-50 Tons
Others
Segmentation by Application:
Logistics
Warehousing
Medical
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Dematic
Clearpath Robotics
Toyota
Aethon
KUKA Robotics
JBT Corporation
Seegrid
Daifuku
MasterMover
Asseco CEIT
Hikrobot Co
Sinorobot Intelligent
Lianji Intelligent Equipment
Lead Intelligent Logistics
Huaxiao Precision
Triowin Intelligent
Casun Intelligent Robot
SIASUN Mobile Robot
Xinchuangli Industrial Equipment
Key Questions Addressed in this Report
What is the 10-year outlook for the global Latent Traction AGV market?
What factors are driving Latent Traction AGV market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Latent Traction AGV market opportunities vary by end market size?
How does Latent Traction AGV break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Table of Contents
127 Pages
- *This is a tentative TOC and the final deliverable is subject to change.*
- 1 Scope of the Report
- 2 Executive Summary
- 3 Global by Company
- 4 World Historic Review for Latent Traction AGV by Geographic Region
- 5 Americas
- 6 APAC
- 7 Europe
- 8 Middle East & Africa
- 9 Market Drivers, Challenges and Trends
- 10 Manufacturing Cost Structure Analysis
- 11 Marketing, Distributors and Customer
- 12 World Forecast Review for Latent Traction AGV by Geographic Region
- 13 Key Players Analysis
- 14 Research Findings and Conclusion
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